Bears got smacked back

Some earnings news after hours yesterday send the market gapping down big this morning only for the bulls to make a strong come back and end the day on a solid note.  The market has been acting great recently. Bad news gets pushed to the side and any good news gets a ton of buying.    As I said last night, the dollar is making a move behind the scenes. Today was a strong day for the dollar and I think has given it that extra umph at the right time to get a serious dollar bull move going. This should be good for the stock market.    The other thing I wanted to touch on again is the financials. If you have bottom fished at a financial stock and your stock has NOT had a huge bull move in the last few trading days then that is a sure sign to GET OUT!    Again some that come to mind are LEH and DSL, I do not like the way these are acting and I see no reason another Financial company won’t go under.   until then, stay nimble!

P.S    A key pivot play may set up in the stock market soon so stay tuned!